July 18, 2006
First Volvo S40s built in China go on sale locally
Beijing, China – Changan Ford Mazda (CFMA) has announced that the Volvo S40, produced locally in Chongqing, has been released nationwide in China. Two models are available: the 2.4i with 2.4-litre engine at a price of RMB305,000, and the T5 with turbocharged 2.5-litre engine at RMB368,000.
Volvo of Sweden has given authority to CFMA to produce the S40; CFMA will be the general distributor of locally-produced S40 models in China through a nationwide dealer network authorized by CFMA. It is the first Volvo car to be produced in China; the sales target for the year will be 400 units.
Volvo has sent the locally-produced S40 to its Volvo Safety Centre, as well as the Auto Safety Test Centre in China, for safety crash testing. The company says “the tested cars have shown truly excellent performance.”